Features of Course

Recorded lectures

Quick Doubt Resolution

Complete syllabus covered

Assignments

E-Notes

Access 6 months or exam whichever earlier

Fees - Rs 4,500

Book - Varian

SYLLABUS

Unit 1

Consumer theory

Preference; utility; budget constraint; choice; demand; Slutsky equation; buying and selling; choice under risk and intertemporal choice; revealed preference

Unit 2

Production, costs and perfect competition

Technology; isoquants; production with one and more variable inputs; returns to scale; short run and long run costs; cost curves in the short run and long run; review of perfect competition